Cleveland-Cliffs Steel 401(k) and pension plans

Cleveland-Cliffs Steel LLC, Cleveland, OH. EIN 71-0871875. Annual reports 2009–2024. Also filed as Arcelormittal USA Inc.; Arcelormittal USA LLC; Arcelormittal USA Inc. Pension Plan; Arcelormital USA LLC.

Cleveland-Cliffs Steel LLC has 9 active retirement plans on file. The largest is the Cleveland-Cliffs Steel LLC Hourly 401(k) Plan, with 15,095 participants and $1.7 billion in assets in 2024. Fidelity has been its recordkeeper since 2012.

Active plans
9
Participants
53,229
Plan assets
$7.7 billion
401(k) recordkeeper
Fidelity
Plans on file
16
Industry
Manufacturing

All 16 plans

Active plans first

Cleveland-Cliffs Steel LLC Hourly 401(k) Plan

401(k)Active

Active. The plan filed its annual report for the 2024 plan year.

Plan number
007Employer EIN 71-0871875
Participants (2024)
15,095
Net assets (2024)
$1.7 billion
Recordkeeper
Fidelity2012–2024
Plan administrator
Cleveland-Cliffs Steel LLC
200 Public Square, Suite 3300
Cleveland, OH 44114
(312) 899-3081As filed for 2024
In effect since
January 1, 1987

Plans merged into this one: I/N Tek and I/N Kote 401(k) Savings Plan for Employees Represented By Uswa Union Local 9231 (2016).

Earlier sponsor: Arcelormittal USA Inc. (2009–2019).

Earlier plan names: Arcelormittal USA Inc. Hourly 401K Plan; Arcelormittal USA Inc Hourly 401K Plan; Arcelormittal USA LLC Hourly 401K Plan; Arcelormittal USA LLC Hourly 401(k) Plan.

Year by year, 2009 to 2024
Plan yearParticipantsNet assetsRecordkeeper
202415,095$1.7 billionFidelity
202315,316$1.5 billionFidelity
202215,488$1.3 billionFidelity
202114,598$1.6 billionnot listed
202013,736$1.5 billionFidelity
201914,222$1.4 billionFidelity
201813,866$1.2 billionFidelity
201713,956$1.3 billionFidelity
201614,306$1.2 billionFidelity
201514,361$1.1 billionFidelity
201414,812$1.1 billionFidelity
201314,862$1.0 billionFidelity
201214,752$904 millionFidelity
201114,786$815 millionnot listed
201013,676$796 millionnot listed
200915,015$720 millionnot listed

Cleveland-Cliffs Combined Pension Plan

Cash balance pension, frozenActive

Active. The plan filed its annual report for the 2024 plan year.

Plan number
003Employer EIN 31-1267098
Participants (2024)
11,040
Net assets (2024)
$1.5 billion
Administered by
BNY Mellon2024
Plan administrator
Cleveland-Cliffs Inc. Investment Committee
9227 Centre Point Drive
West Chester, OH 45069
(513) 425-5000As filed for 2024
In effect since
January 1, 1950

Plans merged into this one: Ak Steel Corporation Pension Agreements Plan (2009); Pension Plan for Employees of Cleveland-Cliffs Inc and Its Associated Employers (2023).

Earlier sponsors: Ak Steel Corporation (2009–2020); Ak Steel Corporiation (2013).

Earlier plan names: Ak Steel Corporation Non Contributory Pension Plan; Ak Steel Corporation Noncontributory Pension Plan; Cleveland-Cliffs Steel Corporation Noncontributory Pension Plan.

Year by year, 2009 to 2024
Plan yearParticipantsNet assetsRecordkeeper
202411,040$1.5 billionBNY Mellon
202311,463$1.5 billionnot listed
20229,189$1.2 billionnot listed
20219,629$1.6 billionnot listed
202010,035$1.6 billionnot listed
201910,539$1.4 billionnot listed
201815,257$1.8 billionnot listed
201720,582$2.3 billionnot listed
201621,521$2.2 billionnot listed
201532,837$2.5 billionnot listed
201433,874$2.9 billionnot listed
201340,160$3.0 billionnot listed
201241,323$2.6 billionnot listed
201141,412$2.4 billionnot listed
200943,859$2.4 billionnot listed

Cleveland-Cliffs Steel LLC Pension Plan

Cash balance pensionActive

Active. The plan filed its annual report for the 2024 plan year.

Plan number
009Employer EIN 71-0871875
Participants (2024)
10,492
Net assets (2024)
$2.0 billion
Administered by
BNY Mellon2024
Plan administrator
Cleveland-Cliffs Steel LLC
1 South Dearborn, 19TH Floor
Chicago, IL 60603
(312) 899-3400As filed for 2024
In effect since
January 1, 1950

Plans merged into this one: Cleveland-Cliffs Steel LLC Pension Plan Tek and Kote Supplements (2022).

Earlier sponsors: Arcelormittal USA Inc. Pension Plan (2009); Arcelormittal USA LLC (2010–2018); Arcelormital USA LLC (2019).

Earlier plan names: Arcelormittal USA Inc. Pension Plan; Arcelormittal USA LLC Pension Plan.

Year by year, 2009 to 2024
Plan yearParticipantsNet assetsRecordkeeper
202410,492$2.0 billionBNY Mellon
202310,720$2.1 billionnot listed
202210,949$2.1 billionnot listed
202110,592$2.5 billionnot listed
202011,093$2.5 billionnot listed
201912,463$2.6 billionnot listed
201812,542$2.3 billionnot listed
201714,577$2.8 billionnot listed
201618,903$2.7 billionnot listed
201519,530$2.6 billionnot listed
201420,162$2.8 billionnot listed
201320,586$2.9 billionnot listed
201221,071$2.6 billionnot listed
201121,647$2.2 billionnot listed
201022,732$2.2 billionnot listed
200922,732$2.1 billionnot listed

The Cleveland-Cliffs Steel Corporation Thrift Plan C

401(k)Active

Active. The plan filed its annual report for the 2024 plan year.

Plan number
007Employer EIN 31-1267098
Participants (2024)
5,029
Net assets (2024)
$604 million
Recordkeeper
FidelityEarlier: T. Rowe Price (2009–2019)
Plan administrator
Cleveland-Cliffs, Inc. Investment Cmte
9227 Centre Pointe Drive
West Chester, OH 45069
(513) 425-5000As filed for 2024
In effect since
January 1, 1979

Plans merged into this one: Ak Steel Corporation Armco Employees Independent Federation Retirement Savings Plan (2015); Ak Steel Corp. United Steelworkers of America Retirement (401(k) Plan) (2015); Ak Steel Tax-Efficient Savings Plan for Hourly Employees (2015).

Earlier sponsor: Ak Steel Corporation (2009–2020).

Earlier plan names: Ak Steel Corporation Thrift Plan - Plan Document C; The Cleveland-Cliffs Steel Corporation Thrift Plan.

Year by year, 2009 to 2024
Plan yearParticipantsNet assetsRecordkeeper
20245,029$604 millionFidelity
20235,188$536 millionFidelity
20227,385$475 millionnot listed
20216,764$573 millionnot listed
20206,549$562 millionnot listed
20196,442$506 millionT. Rowe Price
20186,243$436 millionT. Rowe Price
20176,168$464 millionnot listed
20166,429$404 millionnot listed
20156,546$384 millionnot listed
20142,152$223 millionnot listed
20132,173$217 millionnot listed
20122,193$185 millionnot listed
20112,461$167 millionT. Rowe Price
20102,349$166 millionT. Rowe Price
20092,316$143 millionT. Rowe Price

Cleveland-Cliffs Steel LLC Savings and Investment Plan

401(k)Active

Active. The plan filed its annual report for the 2024 plan year.

Plan number
005Employer EIN 71-0871875
Participants (2024)
4,445
Net assets (2024)
$1.1 billion
Recordkeeper
Fidelity2013–2024
Plan administrator
Cleveland-Cliffs Steel LLC
200 Public Square, Suite 3300
Cleveland, OH 44114
(312) 899-3081As filed for 2024
In effect since
July 16, 1998

Earlier sponsor: Arcelormittal USA Inc. (2009–2019).

Earlier plan names: Arcelormittal USA Inc. Savings and Investment Plan; Arcelormittal USA LLC Savings and Investment Plan.

Year by year, 2009 to 2024
Plan yearParticipantsNet assetsRecordkeeper
20244,445$1.1 billionFidelity
20234,710$1.0 billionFidelity
20224,625$917 millionFidelity
20214,366$1.2 billionFidelity
20204,269$1.1 billionFidelity
20194,587$1.1 billionFidelity
20184,547$901 millionFidelity
20174,506$971 millionFidelity
20164,561$873 millionFidelity
20154,768$833 millionFidelity
20144,811$843 millionFidelity
20134,886$809 millionFidelity
20125,009$709 millionnot listed
20114,915$631 millionnot listed
20104,836$636 millionnot listed
20095,311$582 millionnot listed

Retiree Pension Plan

Pension (defined benefit), frozenActive

Active. The plan filed its annual report for the 2024 plan year.

Plan number
010Employer EIN 71-0871875
Participants (2024)
3,823
Net assets (2024)
$97.1 million
Administered by
BNY Mellon2024
Plan administrator
Cleveland-Cliffs Steel LLC
200 Public Square, Suite 3300
Cleveland, OH 44114
(312) 899-3400As filed for 2024
In effect since
December 31, 2017

Earlier sponsor: Arcelormittal USA LLC (2017–2019).

Year by year, 2017 to 2024
Plan yearParticipantsNet assetsRecordkeeper
20243,823$97.1 millionBNY Mellon
20234,171$111 millionnot listed
20224,505$122 millionnot listed
20214,825$159 millionnot listed
20205,283$179 millionnot listed
20194,779$147 millionnot listed
20185,135$152 millionnot listed
20173,818$83.0 millionnot listed

The Cleveland-Cliffs Steel Corporation Thrift Plan a

401(k)Active

Active. The plan filed its annual report for the 2024 plan year.

Plan number
005Employer EIN 31-1267098
Participants (2024)
3,218
Net assets (2024)
$783 million
Recordkeeper
FidelityEarlier: T. Rowe Price (2009–2020)
Plan administrator
Cleveland-Cliffs, Inc. Investment Committee
9227 Centre Pointe Drive
West Chester, OH 45069
(513) 425-5000As filed for 2024
In effect since
January 1, 1990

Plans merged into this one: Ak Steel Corporation 401(k) Plan (2014); Ak Steel Corporation Thrift Plan Master Trust (2019).

Earlier sponsor: Ak Steel Corporation (2009–2020).

Earlier plan names: Ak Steel Corporation Thrift Plan - Plan Document a; The Cleveland-Cliffs Steel Corporation Thrift Plan.

Year by year, 2009 to 2024
Plan yearParticipantsNet assetsRecordkeeper
20243,218$783 millionFidelity
20233,335$732 millionFidelity
20224,101$652 millionnot listed
20213,819$808 millionnot listed
20203,746$734 millionT. Rowe Price
20193,965$673 millionnot listed
20183,903$554 millionnot listed
20173,827$583 millionnot listed
20163,683$492 millionT. Rowe Price
20153,476$464 millionnot listed
20143,647$475 millionnot listed
20132,700$416 millionnot listed
20122,646$354 millionT. Rowe Price
20112,967$322 millionT. Rowe Price
20102,989$322 millionT. Rowe Price
20092,814$286 millionT. Rowe Price

Arcelormittal USA LLC Egl Cleveland Pension Plan

Pension (defined benefit)ActiveUnion (multiemployer)

Active. The plan filed its annual report for the 2024 plan year.

Plan number
004Employer EIN 71-0871875
Participants (2024)
60
Net assets (2024)
$6.6 million
Plan administrator
Cleveland-Cliffs Steel LLC
200 Public Square, Suite 3300
Cleveland, OH 44114
(312) 899-3400As filed for 2024
In effect since
August 1, 1997

Earlier sponsors: Arcelormittal USA Inc. (2009–2018); Arcelormittal USA LLC Egl Cleveland Pension Plan (2019).

Earlier plan names: Arcelormittal USA Inc. Egl Cleveland Pension Plan.

Year by year, 2009 to 2024
Plan yearParticipantsNet assetsRecordkeeper
202460$6.6 millionnot listed
202360$6.2 millionnot listed
202260$5.9 millionnot listed
202161$8.3 millionnot listed
202063$8.3 millionnot listed
201963$8.2 millionnot listed
201862$7.4 millionnot listed
201762$8.6 millionnot listed
201661$8.1 millionnot listed
201561$8.0 millionnot listed
201460$8.8 millionnot listed
201361$8.3 millionnot listed
201263$6.9 millionnot listed
201163$5.8 millionnot listed
201063$5.8 millionnot listed
200963$5.1 millionnot listed

The Cleveland-Cliffs Steel Corporation Thrift Plan B

401(k)Active

Active. The plan filed its annual report for the 2024 plan year.

Plan number
016Employer EIN 31-1267098
Participants (2024)
27
Net assets (2024)
$5.5 million
Last listed recordkeeper
T. Rowe Price2009–2011
Plan administrator
Cleveland-Cliffs, Inc. Investment Cmte
9227 Centre Pointe Drive
West Chester, OH 45069
(513) 425-5000As filed for 2024
In effect since
January 1, 1990

Earlier sponsor: Ak Steel Corporation (2009–2020).

Earlier plan names: Ak Steel Corporation Thrift Plan - Plan Document B; Ak Steel Thrift Plan - Plan Document B; The Cleveland-Cliffs Steel Corporation Thrift Plan.

Year by year, 2009 to 2024
Plan yearParticipantsNet assetsRecordkeeper
202427$5.5 millionnot listed
202326$4.9 millionnot listed
202256$4.9 millionnot listed
202166$9.2 millionnot listed
202071$9.5 millionnot listed
201976$8.7 millionnot listed
201882$7.9 millionnot listed
201784$8.1 millionnot listed
201689$7.4 millionnot listed
201592$7.4 millionnot listed
201498$7.9 millionnot listed
2013104$8.1 millionnot listed
2012106$7.3 millionnot listed
2011154$7.4 millionT. Rowe Price
2010157$7.5 millionT. Rowe Price
2009162$7.0 millionT. Rowe Price

Ak Steel Corporation Thrift Plan Master Trust

401(k)Merged

Merged. In 2019 its assets moved to the Ak Steel Corporation Thrift Plan - Plan Document a, sponsored by Cleveland-Cliffs Steel LLC (EIN 31-1267098, plan 005). Accounts moved with them, so that plan is the one to contact.

Plan number
018Employer EIN 31-1267098
Participants (2012)
4,945
Net assets (2012)
$538 million
Last listed recordkeeper
T. Rowe Price2012
Plan administrator
Benefit Plan Administrative Committee
9227 Centre Pointe Drive
West Chester, OH 45069
(513) 425-5000As filed for 2019
In effect since
January 1, 2000
Year by year, 2012 to 2019
Plan yearParticipantsNet assetsRecordkeeper
20190$1.2 billionnot listed
20180$975 millionnot listed
20170$1.0 billionnot listed
20160$884 millionnot listed
20150$837 millionnot listed
20140$649 millionnot listed
20130$631 millionnot listed
20124,945$538 millionT. Rowe Price

Ak Steel Corporation Armco Employees Independent Federation Retirement Savings Plan

401(k)Merged

Merged. In 2015 its assets moved to the Ak Steel Corporation Thrift Plan - Plan Document C, sponsored by Cleveland-Cliffs Steel LLC (EIN 31-1267098, plan 007). Accounts moved with them, so that plan is the one to contact.

Plan number
025Employer EIN 31-1267098
Participants (2014)
1,752
Net assets (2014)
$46.3 million
Recordkeeper
Fidelity2009–2015
Plan administrator
Benefit Plan Administrative Committee
9227 Centre Pointe Drive
West Chester, OH 45069
(513) 425-2991As filed for 2015
In effect since
June 1, 1990

Earlier plan names: Ak Steel Corporation Armco Employees Independent Federation Retirement Savings Plan (401(k) PLAN.

Year by year, 2009 to 2015
Plan yearParticipantsNet assetsRecordkeeper
20150$0Fidelity
20141,752$46.3 millionFidelity
20131,782$43.6 millionFidelity
20121,808$35.7 millionFidelity
20111,853$31.7 millionFidelity
20101,888$33.0 millionFidelity
20091,882$29.9 millionFidelity

Ak Steel Corp. United Steelworkers of America Retirement (401(k) Plan)

401(k)Merged

Merged. In 2015 its assets moved to the Ak Steel Corporation Thrift Plan - Plan Document C, sponsored by Cleveland-Cliffs Steel LLC (EIN 31-1267098, plan 007). Accounts moved with them, so that plan is the one to contact.

Plan number
024Employer EIN 31-1267098
Participants (2014)
928
Net assets (2014)
$24.7 million
Recordkeeper
Fidelity2009–2015
Plan administrator
Benefit Plan Administrative Committee
9227 Centre Pointe Drive
West Chester, OH 45069
(513) 425-2991As filed for 2015
In effect since
May 13, 1989

Earlier plan names: Ak Steel Corp. United Steelworkers of America Retirement Savings Plan (401(k) Plan ).

Year by year, 2009 to 2015
Plan yearParticipantsNet assetsRecordkeeper
20150$0Fidelity
2014928$24.7 millionFidelity
2013923$24.2 millionFidelity
2012945$20.8 millionFidelity
2011991$19.2 millionFidelity
20091,113$20.4 millionFidelity

Ak Steel Tax-Efficient Savings Plan for Hourly Employees

401(k)Merged

Merged. In 2015 its assets moved to the Ak Steel Corporation Thrift Plan-Plan Document C, sponsored by Cleveland-Cliffs Steel LLC (EIN 31-1267098, plan 007). Accounts moved with them, so that plan is the one to contact.

Plan number
026Employer EIN 31-1267098
Participants (2014)
1,697
Net assets (2014)
$91.6 million
Recordkeeper
FidelityEarlier: Mercer (2009–2012)
Plan administrator
Benefit Plan Administrative Committee
9227 Centre Pointe Drive
West Chester, OH 45069
(513) 425-2991As filed for 2015
In effect since
January 30, 2004

Earlier sponsor: Severstal North America, Inc. (2009–2013).

Earlier plan names: Severstal North America, Inc. Tax-Efficient Savings Plan for Hourly Employees; Severstal Dearborn, LLC Tax-Efficient Savings Plan for Hourly Employees.

Year by year, 2009 to 2015
Plan yearParticipantsNet assetsRecordkeeper
20150$0Fidelity
20141,697$91.6 millionFidelity
20131,799$84.7 millionFidelity
20121,942$68.5 millionMercer
20111,783$58.5 millionMercer
20101,765$56.6 millionMercer
20091,842$48.7 millionMercer

Ak Steel Corporation 401(k) Plan

401(k)Merged

Merged. In 2014 its assets moved to the Ak Steel Corporation Thrift Plan - Plan Document a, sponsored by Cleveland-Cliffs Steel LLC (EIN 31-1267098, plan 005). Accounts moved with them, so that plan is the one to contact.

Plan number
027Employer EIN 31-1267098
Participants (2013)
557
Net assets (2013)
$46.3 million
Recordkeeper
FidelityEarlier: Mercer (2009–2012)
Plan administrator
Benefit Plans Administrative Committee
9227 Centre Pointe Drive
West Chester, OH 45069
(513) 425-2991As filed for 2014
In effect since
January 30, 2004

Earlier sponsor: Severstal North America, Inc. (2009–2013).

Earlier plan names: Severstal North America, Inc. Savings Plan for Salaried Employees; Severstal North America 401K Plan I.

Year by year, 2009 to 2014
Plan yearParticipantsNet assetsRecordkeeper
20140$0Fidelity
2013557$46.3 millionFidelity
2012648$37.2 millionMercer
2011682$33.2 millionMercer
2010627$33.4 millionMercer
2009705$31.5 millionMercer

Ak Steel Corp. United Steelworkers of America Retirement Plan (401(k) Plan)

401(k)Stopped filing

No annual report since the 2010 plan year, and no final report on record. The plan may have been merged, renamed or re-filed under another number; ask the plan administrator below.

Plan number
024Employer EIN 13-1267098
Participants (2010)
1,086
Net assets (2010)
$20.5 million
Recordkeeper
Fidelity2010
Plan administrator
Benefit Plan Administrative Commmittee
9227 Centre Pointe Drive
West Chester, OH 45069
(513) 425-2991As filed for 2010
In effect since
May 13, 1989

Ak Steel Corporation Pension Agreements Plan

Cash balance pensionMerged

Merged. In 2009 its assets moved to the Ak Steel Corporation Non Contributory Pension Plan, sponsored by Cleveland-Cliffs Steel LLC (EIN 31-1267098, plan 003). Accounts moved with them, so that plan is the one to contact.

Plan number
004Employer EIN 31-1267098
Plan administrator
Benefit Plans Adm Comm & Benefits Plans Asset Review Comm
9227 Centre Pointe Drive
West Chester, OH 45069
(513) 425-2991As filed for 2009
In effect since
December 31, 1956

If you had money in one of these plans

  1. Call Fidelity (fidelity.com), which runs the Cleveland-Cliffs Steel LLC Hourly 401(k) Plan. With your Social Security number and the plan name, it can tell you whether you still have a balance and, if not, where it went.
  2. Or call the plan administrator listed on the plan below ((312) 899-3081). That number was filed for 2024; ask for the benefits or retirement plan office.
  3. If your plan was merged, your account moved with it. Follow the link on the plan to the plan it went into, and contact that one.
  4. If your plan closed, unclaimed balances usually went to an IRA in your name, to the PBGC's missing participants program, or to state unclaimed property. Here is how to check each one.
  5. Still stuck? The Department of Labor's benefits advisers help for free: askebsa.dol.gov or 1-866-444-3272. Never pay anyone to find your own money.

What these numbers are

Sources: U.S. Department of Labor, Form 5500 datasets and PBGC trusteed plans. How we read them.

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